First question is: Is it brave or crazy? With the markets bumping along at logically over-bought levels, it’s tempting to buy a short and “play for time.”
But this is riskier than it might appear. Although we’ve been known to do it from time-to-time.
Backing up these observations will be a dozen and a half charts to keep us “middle of the channel.”
Plus in this morning’s report we reconsider that massacre in Russia Friday that has killed nearly 50 people and wounded another 150, or so.
Best get to it: Busy morning and we’re just getting started…
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